Atlantic Securities upgraded Xylem Inc (NYSE:XYL) to Overweight in a report released today.
- Updated: September 17, 2016
Having a price of $51.02, Xylem Inc (NYSE:XYL) traded 0.60% lower on the day. The last stock price close is up 12.16% relative to the 200-day moving average, compared to the S&P 500 which has fallen -0.01% over the same time. The company has been tracking to a 50-day moving average of $49.35 and 200-day moving average of $44.54. Trading volume was was up over the average, with 1,305,546 shares of XYL changing hands over the typical 1,117,780 shares.
Atlantic Securities has upgraded Xylem Inc(NYSE:XYL) to Overweight in a report released 8/22/2016.
On 8/16/2016, RBC Capital Markets reported on Xylem Inc(NYSE:XYL) bumped the target price from $47.00 to $51.00. At the time, this indicated a possible upside of 0.02%.
Recent Performance Chart:
Also covering Xylem Inc’s target price, a total of 15 firms have released a ratings update on XYL. The average target stock price is $43.00 with two firms rating the company a strong buy, five analysts rating the stock a buy, 10 analysts rating the stock a hold, 0 rating the stock to underperform, and finally 0 brokerages rating the stock as sell.
With a total market value of $0.0, Xylem Inc has a 52 week low of $31.27 and a one-year high of $51.79 with a P/E ratio of 27.
General Information About Xylem Inc (NYSE:XYL)
Xylem Inc. is engaged in the design, manufacturing, and application of engineered technologies for the water industry. The Company is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment. The Company has two business segments, which include Water Infrastructure (collection, distribution, return) and Applied Water (usage). The Water Infrastructure segment focuses on the transportation, treatment and testing of water, offering a range of products, including water and wastewater pumps, treatment and testing equipment, and controls and systems. The Company’s Applied Water segment serves the primary uses of water and focuses on the residential, commercial, industrial and agricultural markets. The Company’s brands include Flygt, Wedeco, Godwin, Lowara, and Flojet and Flowtronex.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.